AEW Looks to Grow Bay Area Portfolio

By Jon Peterson   A Boston-based pension-fund manager that paid all cash late last year to buy a San Jose neighborhood shopping center says the deal is but the first of...

Behringer Harvard Gets New Funding Round For Apartments

By Jon Peterson Texas-based real estate investor Behringer Harvard has secured $100 million in new equity from Dutch pension funds to buy U.S. apartments, including properties in the San Francisco...

Apple Expanding, Again

By Sharon Simonson Cupertino-based Apple Inc. is pursuing $65 million in tenant improvements at three interconnected buildings on Vallco Parkway in its home city. The work is the latest expansion by...

CalPERS, Hines Take Another Real Estate Hit

By Jon Peterson The largest public pension fund in the country and a former trailblazer for other U.S. pension funds has sold a Maryland office building for more than $50...

CalPERS Hires Quality Control

By Jon Peterson The California Public Employees’ Retirement System is hiring a former real estate portfolio manager to fill a new position created to ensure the huge pension fund remains...

CalSTRS’ Real Estate Portfolio Drops 2.3 Percent in Third Quarter

By Jon Peterson The California State Teachers’ Retirement System has reported a $327 million loss for its real estate portfolio during the third quarter, even as the value of its...

CalSTRS Wringing Risk from Real Estate Portfolio

By Jon Peterson CalSTRS, the second-largest public pension fund in the United States, is directing changes to its real-estate investment policy that will increase its exposure to more stable assets...

CalPERS Endures $4.2 Billion Quarterly Loss in Real Estate

By Jon Peterson The California Public Employees’ Retirement System lost $4.2 billion of value in its real-estate portfolio during the second quarter of 2009, according to new data released in...

CalPERS, CalSTRS Big Investors in New Private Equity and Real Estate Fund

By Jon Peterson California’s two largest public pension systems have committed $900 million to the latest commingled investment fund of Menlo Park-based GI Partners. Their collective investment accounts for nearly half...

Broadreach To Raise Third Fund

By Sharon Simonson Broadreach Capital Partners, the Palo Alto real estate investment company founded in 2002 by former executives of the hugely successful Spieker Properties Inc., intends to raise a...